SGB Update Sports & Fitness
Head NV Has Solid Q3 in Winter Sports, But Other Division Woes Offset Gains
Head NV reported net revenues inched up 0.3% in the third quarter to €93.1 million ($116.8mm) thanks to an 11.1% gain in winter sports sales. When measured in constant currencies, sales rose 4.6% for the period. But the growth was not enough to offset dec
Mizuno First Half Sales Decline 2.5%
Mizuno reported sales of ¥84.75 billion ($799.2 mm) for the fiscal first half ending Sept. 30, down 2.5% from the year-ago first half mark of ¥86.91 billion ($729.1 mm). Operating income dropped 16.2% to ¥3.45 billion ($32.5 mm), while net income after ta
New Balance Adds Sr Marketing Mgr Global Sports
New Balance has added Chris Passarell as Senior Marketing Manager Global Sports. Passarell will lead Integrated Marketing for the Performance SBUs (Running, Sport, Outdoor and Kids) and Creative Services…
NRF: Retailers Easing Return Policies for Holiday
According to the National Retail Federation’s third annual Return Fraud Survey, completed by 82 retail loss prevention executives last month, more than half of the retailers surveyed (52%) say their holiday return policies will be more lenient than the po
New Balance Names Senior Manager, Global Sports
New Balance named Chris Passarell to the position of senior marketing manager, global sports. Passarell will lead Integrated Marketing for the Performance SBUs (Running, Sport, Outdoor and Kids) and Creative Services. Passarell was most recently with Russ
REI to Add Some Schwinn Bikes in 2009
As part of a growing relationship with Dorel Industries Inc.’s Cannondale Sports Group (CSG), REI will begin carrying some higher end Schwinn bikes in 2009, REI Cycle Product Manager Brian Foley told The B.O.S.S. Report last week…
Trek Bicycle Sponsors New Women’s Triathlon Series
Trek Bicycle has signed on as title sponsor of a new women’s triathlon Series. The Trek Women’s Triathlon Series is targeting 12 cities for 2009 with more than 25,000 entrants anticipated. The Series is aimed at breaking down barriers for women athletes b
PGA of America Elects Remy as President
Jim Remy of Ludlow, Vt., was elected the 36th president of The Professional Golfers' Association of America by delegates at the association's 92nd annual meeting in Phoenix, Ariz. Remy previously served as secretary of the association from 2004-
Fox Shox Posts 30.8% Growth in Q3
Revenues at Fox Shox, which makes suspension and other components for mountain bikes and motorcycles, soared 30.8% to $43.3 million in the third quarter, as road bikers continued to shift to mountain bikes in the United States and Europe. The company is p
Confluence Parent Cuts Dividend To Preserve Cash
The majority owner of Confluence Watersports has cut its dividend, will retain 2008 and future long-term capital gains, eliminate its stock buy-back program and implement further cost cutting in a bid to preserve cash. American Capital, Ltd. said it is ta
Big 5 Third Quarter Comps Decline; Retailer Cautiously Prepares for ’09
For the fiscal 2008 third quarter ended Sept. 28, net sales for Big 5 Sporting Goods Corporation declined 3.5% to $223.2 million while comps declined 6.6%, primarily due to a decrease in customer traffic. The declining results and tighter credit markets c
Backcountry Launches Affiliate Program for ODAT Sites
Backcountry has launched an affiliate program to compensate owners of other web sites for promoting its online “One Deal at a Time,” or ODAT sites…
MBT Names Former Timberland Exec as Interim CEO
Footwear innovator MBT said CEO Richard Litzel stepped down Nov. 3 to focus on the German markets and has been replaced on an interim basis by Ken Pucker, former COO of Timberland. Also joining the company is Marc Estor, who has been named as VP for sales
Columbia Sportswear to Cut U.S. Staff by 4%
Columbia Sportswear Company announced it will lay off 75, or 4%, of its 1,800 U.S. employees in response to an 11% decline in orders for Spring 2009…
Dick’s SG to Test Life Fitness Equipment in Northeast Locations
Dick's Sporting Goods will test an offering of Life Fitness cardio and strength equipment in 20 stores located in the Northeast. Dick's Sporting Goods is adding an expanded product line-up to include health-club quality products for the home…
